Sleeping With the Devil

The Book of the Week is “Sleeping With the Devil” by Robert Baer, published in 2003. This was a warning of a former CIA agent that America’s relationship with Saudi Arabia was high-risk for various reasons. The author briefly described how the latter’s royal family came to be a controversial ally of the United States government, and why the delicate situation would not last forever.

At the book’s writing, the large oil fields in eastern Saudi Arabia were vulnerable to terrorist attacks, as was the refinery at Abqaiq. Refineries are important because they make oil usable. The country’s borders are hard to defend, and all sorts of weapons can be obtained on the black market.

The author wrote that fifteen citizens of Saudi Arabia, plus four other terrorists took control of the planes that crashed on 9/11.  Osama Bin Laden, the supposed mastermind behind the attacks, was of Saudi origin. More TERRORISTS from SAUDI ARABIA than from Afghanistan and Iraq were responsible for the attacks. Dubai stored the required funds for them. As is well known, then-U.S. President George W. Bush was determined to remove Iraqi leader Saddam Hussein from power to keep the price of oil low for Americans, and enrich his former business cronies. So he made the false claims that Iraq had nuclear weapons and was harboring terrorists.

Even during the Clinton years and especially during the Bush, Sr. years, the United States secretly kissed up to Saudi Arabia; for it got a discount on its oil, money to line the pockets of its politicians, consultants, diplomats and defense contractors, and in exchange, it built refineries, telecommunications networks and schools in its oil ally. The activities of the Carlyle Group, Dick Cheney and Halliburton, among many others, were fraught with conflicts of interest. To sum it up, “At the corporate level, almost every Washington figure worth mentioning has served on the board of at least one company that did a deal with Saudi Arabia.” Terrorist funding was also supplied through “charitable” organizations. The Saudis had megabucks on deposit in bank accounts and invested in the securities markets in the United States.

After 2001, several groups continued to seek to strike fear through violence; the best known included certain individuals in the country of Qatar, the Wahhabis, the Muslim Brotherhood and al Qaeda.

The author claimed that U.S. taxpayers were footing the excessive bill for the Saudi royal family’s security detail. The family consisted of numerous princes, who had Filippino or Indonesian servants. The princes received oil-funded, extremely lavish allowances, which they squandered on residences, vehicles and prostitutes. To make additional money, they dealt in black-market weaponry, visas, liquor and drugs, and abusing what industrialized countries would call “eminent domain.”

Read the book to learn of the author’s account of yet additional outrages in connection with the willful ignorance and greed of the United States government when it came to cozying up to the terrorist state of Saudi Arabia.

The Truth with Jokes – Bonus Post

With the U.S. midterm elections approaching, this blogger paged through Al Franken’s book, “The Truth with jokes” (but it isn’t funny), published in 2005. It is mostly about:  election, military and economic issues in connection with George W. Bush’s first term.

One controversial issue (still a relevant question years later) that Franken covers is that “…seven months into the [Iraq] war, Donald Rumsfeld wrote a memo asking whether we were creating more terrorists than we were eliminating. ‘We lack the metrics to know,’ he lamented at the time.” A few years later, the government admitted it had the metrics– statistics on terrorist attacks– and the answer was yes.

In 2000-2001, when Bush was first “elected,” Federal Reserve Chair Alan Greenspan was excited that “After eight years of Clinton-style fiscal discipline and economic growth, the era of big deficits was over, and we were running surpluses…” As is known now, Greenspan’s assessment of America’s financial shape turned out to be a bit off the mark. By 2005, the U.S. government had to borrow $2 trillion.

Therefore, the Bush administration might have been wrong in predicting that Social Security would run out of money by 2042. There were then murmurs about privatizing it. Al Franken and his political ilk squelched Bush’s attempt.

Nevertheless, Franken has done extensive economics research, as is shown in this video:

This blogger thinks it is well worth watching in its entirety.